Page 20 - DARWINBOX PR REPORT MARCH 2025

3/6/25, 9:23 AM Darwinbox secures $140mn investment to accelerate global HR tech expansion - Arabian Business: Latest News on the Middle East,…
“Darwinbox operates in the rapidly growing HR tech market, which we have been tracking
through our thematic research. The company is acting as a key disruptor to legacy

platforms in this space, investing heavily in product innovation, generative AI, and global
expansion, and is well positioned to take market share. We look forward to working with

Darwinbox’s talented management team on driving future growth. The company
represents another exciting addition to our private equity growth portfolio,” Cyrus Driver,

Managing Director, Private Equity, Partners Group said.

Globally, over 3 million employees from companies like Starbucks, Nivea, AXA, Cigna, and
WeWork rely on Darwinbox’s platform. The company plans to launch a pan-GCC multi-

country payroll solution this year, with full Arabic support.

“Darwinbox has established itself as a leading player in the human capital management
space in a short span of time through its focus on innovation and customer centricity. We

are pleased to support Darwinbox on its next stage of growth and will look to draw from

our global network and expertise to accelerate its international expansion ambitions,”
Akshay Tanna, Partner and Head of India Private Equity, KKR added.

Partners Group invested through its growth equity strategy, while KKR made the

investment from its Asia Next Generation Technology strategy, continuing its support for
innovative technology companies in the region.

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